Average increase of Postponement of Debt Payment Obligations (PKPU) in Indonesia in the last 3 years was about 30%. In 2021 was 9.55%, underlying instability of Indonesian economy, even if improving.
The expiry of coronavirus state aid may mean bankruptcy for many
companies from the middle of the year. The strict liability of
entrepreneurs is an often-underestimated danger with personal
consequences.
CRIF today announced that we.trade users will now access their SkyMinder® services directly from the we.trade platform. SkyMinder® is the CRIF B2B risk information platform further enabling international trade for corporate companies and banks worldwide.
In the Corona crisis, travel agencies and tour operators are among the hardest hit industries in Germany. In June 2020, 85% of the travel agencies and tour operators surveyed saw their existence threatened.
In third quarter 2020 payments on-time in Italian Public Administration* has improved of 2.9% versus end 2019 with a 0,5% decrease for strong delays (more than 30 days). This is underlined by a Payment Study released by CRIF (30 September update).
Payments done at expiring date in Public Administration are below average of…
In the last few quarters, there had been a very significant decline in growth starting in early 2020. Based on Statistics Indonesia (BPS) 2020, Indonesia’s economic growth has declined to 2.97% (y-o-y). It deteriorates in line with the COVID-19 pandemic, which hampers all economic activities in Indonesia and the world. Actually, at the beginning of 2020, the economic recovery began to…
CRIF - a global company specializing in credit bureau, business information, and credit solutions - is ranked #52 on the 2020 IDC FinTech Rankings. This 17th annual vendor ranking represents the leading hardware, software and service providers to the….